Mowlem sells energy gas transportation assets for £1.9m

A Mowlem subsidiary has been bought by the Gas Transportation Company (GTC) for £1.9m.

The acquisition of the gas transportation assets owned by Mowlem Energy Ltd (MEL) meansthat GTC now has over 120,000 houses connected with a further order book of over 60,000 houses contracted.

GTC and MEL are two of the 13 independent licensed Public Gas Transporters in the UK.